Tom Ford Purchases the Bloomingdale Estate for $38.75M (Exclusive)

The gated estate was where Betsy Bloomingdale and her late husband, the department-store heir and financier Alfred, called home for decades.

Tom Ford has found his new digs.

The director and fashion designer just closed on the Bloomingdale Estate in Holmby Hills. The price tag: $38.75 million.

The pairing of Ford — one of the most stylish and stylized directors working today — and the Bloomingdale Estate seems almost sublime. The home has nine bedrooms and seven bathrooms with numerous formal and informal entertaining spaces, including a formal living room, a wood-paneled library, a billiards room and a caterer's kitchen with staff dining room.

The gated estate was where Betsy Bloomingdale and her late husband, the department-store heir and financier Alfred, called home for decades. Betsy was a philanthropist and socialite who passed away in July. Known as one of the grandes dames of the Los Angeles social scene, Betsy boasted an expansive network of friends that included the who’s who of Hollywood and of California politics, many of whom graced the halls and the grounds for legendary dinner parties and events.

The well-manicured grounds include a tennis court, a large pool, a pool house and impeccably manicured dahlia and rose gardens. The main house, originally constructed in the 1920s, was redesigned by the decorator and designer Billy Haines in 1958.

When reached by The Hollywood Reporter, Josh Flagg of Rodeo Realty, who is the listing agent on the home, declined to comment about the buyer or the seller. When asked how many people had toured the property, Flagg said that there were several interested buyers, but would not comment on who they were, other than saying, “they were the usual suspects.”

The estate was rumored as being shopped at anywhere from $40 million to $60 million, but the asking price never was confirmed.

Earlier this year, Ford was reportedly close to purchasing the former estate of producer Albert “Cubby” Broccoli in Beverly Hills for $53 million. That deal never materialized. In the event that Ford’s neo-noir psychological thriller Nocturnal Animals, which stars Amy Adams and Jake Gyllenhaal, starts picking up awards, now he'll have a place to celebrate.